Peoples Bank of Polk County

Status:Inactive as of 12/31/2004
 Merger - Without Assistance
Successor Bank:SimplyBank.
Headquarters:Peoples Bank of Polk County
U.S. Highway 411
Benton, TN 37307
Established:05/04/1974
FDIC Insurance:05/04/1974
FDIC Cert:#21563
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$23,338,000
Total Deposits:$20,376,000

History

1974-05-04Institution established: Original name:The People's Bank of Polk County
1978-10-02Changed name to Southern United Bank of Polk County
1980-10-31Changed name to Peoples Bank of Polk County
2004-12-31Merged into and subsequently operated as part of First Bank of Tennessee (10693) in SPRING CITY, TN
2018-10-06Changed name to Simply Bank (10693)
2021-03-19Acquired Community National BankSimply Bank (19272) in DAYTON, TN.
2021-03-22Moved bank headquarters from 369 FRONT STREET, SPRING CITY, TN to 420 Third Ave, Dayton, TN.

Financial Information (2004-09-30 and Older)